World Bank

Joint Saudi-Qatari initiative paves way for $15 million payment to World Bank for Syria

Commitment aims to accelerate the recovery of Syria’s economy and development 

Lebanon: New banking secrecy reforms to restore financial stability, fulfill IMF demands

New law allows regulators to access ten years of banking records to combat corruption

Lebanon: World Bank approves $250 million loan with plans to increase to $400 million

Finance Minister Yassine Jaber announced loan details after meeting World Bank Vice President Osama Weden 

MENA region’s growth to rise moderately to 2.6 percent in 2025, says World Bank

In 2026, real GDP is projected to grow by 4.5 percent among GCC economies

UAE to engage in key economic talks at World Bank, IMF spring meetings

Meetings will focus on global economic priorities, fiscal policies, financial resilience, and international cooperation

World Bank commends Saudi Arabia for energy efficient desalination advancements

Operational efficiency comes from innovations like reverse osmosis membranes and energy recovery systems

World Bank presents $1 billion program for Lebanon reconstruction

Reconstruction and recovery requirements following the conflict that affected Lebanon are estimated at $11 billion

WGS 2025: IFC provided over $2.3 billion in financing to UAE-based multinational companies in 2024

During the last financial year, the Washington-based organization invested $56 billion in emerging markets

WGS 2025: Mohamed bin Zayed Water Initiative, World Bank collaborate to drive innovation in tackling global water scarcity

Partnership aims to address water security challenges and promote sustainable management solutions

World Bank forecasts Egypt’s economic growth at 4.2 percent in FY2025/26 amid inflation relief

This GDP growth is driven by private consumption, easing inflation, strong remittances, and improved sentiment

A pivotal year for progress

As we face the year 2025, the MENA region is poised for growth, with the non-oil economy playing a critical role

The global economy in 2025: Stability amid uncertainty

IMF and OECD estimate that global growth could hit 3.2 to 3.3 percent this year